Does XRP Have What It Takes to Breakout Like 2017 and Reach $10?

Markets are a-buzz with predictions that XRP might burst past a major barrier level like 2017 did when Bitcoin approaches the $100,000 psychological milestone.

Fractal Pattern Emerges in XRP

Sharing his predictions for XRP's price movement, the crypto expert on X drew comparisons to the cryptocurrency's meteoric surge in 2017. Based on his research, it has often followed a fractal pattern, with a significant increase after a break through a key resistance level.

After smashing over the $0.01 resistance level in 2017, the cryptocurrency's price skyrocketed. "Gaining support after breaking through the same resistance line and rising again," the expert says of the cryptocurrency.

A conversation has begun on social media in response to the message. A member on X points out that the price of XRP has increased 100 times since the previous big bull run, which occurred in 2017. According to their predictions, if the market momentum keeps going strong, the cryptocurrency might hit the $7-$8 level by Monday.

"Now the question is, given its immense usefulness, will it follow the fractal pattern and reach $50 before undergoing a 200-day correction, or have we moved past the speculation phase?" he said.

Some users, meanwhile, have looked askance at this meteoric rise, wondering how it's possible given the crypto market's liquidity limits.

How is it possible that there can be so much money in circulation in such a short period of time? asks one user. It will take time for $300 billion to trickle in. As the dominance of Bitcoin declines, XRP grows in value. Seven dollars is still a ways off, as Bitcoin continues to soar. Fifty dollars? Not in the near future.

With a weekly increase of more than 50%, Ripple is now hovering at $1.10 as of this writing. On top of that, it has formed a consolidation pattern, which is great news for the cryptocurrency market.

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